Tencent buys stake worth $264 million in Flipkart from Binny Bansal - Economic Times

The transaction was completed on October 26, 2021 and was shared with the government authorities at the beginning of the current financial year. Post the transaction, Tencent arm holds 0.72 per stake in Flipkart which is valued at around USD 264 million, as p…

Chinese technology conglomerate Tencent has bought stake worth USD 264 million (about Rs 2,060 crore) in Flipkart from its co-founder Binny Bansal through its European subsidiary, according to offici… [+1678 chars]

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